ICS06 - Motor Insurance (Surveyor) Mock Test 01
Motor Insurance covers risks related to private cars, commercial vehicles, two-wheelers and third-party liabilities. Surveyors play an important role in inspecting vehicles, assessing damages, verifying documents, determining depreciation, evaluating salvage and preparing survey reports. Important areas include IDV, own-damage claims, third-party claims, personal accident cover, no-claim bonus, policy conditions, excess, endorsements and claim settlement. Surveyors must understand FIR procedures, vehicle registration, driving licence classes, Vahan database, risk inception and long-term third-party insurance. Theft claims may require an untraceable certificate or final police report. Knowledge of the Motor Vehicles Act, Employees’ Compensation Act, IRDAI regulations and surveyor responsibilities is essential for accurate motor claim assessment.
1. Vahan database is maintained by:
a) Ministry of Road Transport & Highways
b) IRDAI
c) Insurer
d) GIC
2. Settlement through compromise reduces:
a) Litigation backlog and provides certainty
b) Premium
c) RTO fee
d) Free
3. PA cover sum insured for owner-driver is:
a) Rs. 15 lakh
b) Rs. 1 lakh
c) Rs. 5 lakh
d) Rs. 10 lakh
4. Classic cars get a discount of:
a) 10%
b) 15%
c) 20%
d) 25%
5. Driving beyond the class authorized, such as an LMV holder driving HMV, is:
a) May be considered breach if material to accident
b) Always allowed
c) Always denied
d) Free of consequence
6. Long-term TP for a new two-wheeler, for 5 years, premium is paid:
a) At inception in lump sum
b) Annually
c) Monthly
d) Quarterly
7. FIR is filed at:
a) Police station having jurisdiction
b) RTO
c) Insurer
d) Court
8. Risk inception is on:
a) Date and time of premium realization or as per cover note
b) Date of issue of RC book
c) Date of birth
d) RTO date
9. An untraceable certificate or final police report is needed because:
a) Theft claim is settled when vehicle is declared untraceable
b) Premium calculation
c) RTO inspection
d) Free
10. WC Act, 1923 is now known as:
a) Employees’ Compensation Act 1923
b) Workers’ Compensation Act 1948
c) Industrial Disputes Act
d) ESI Act
